Transcribed image text: Use the following data for the next 5 questions: Debt 48,000 bonds with a 5.0% coupon rate, payable annually, 15 years to maturity, selling at $1,050 per bond. Common Stock 663,000 shares of common stock outstanding. The stock sells for a price of $53 per share and has a beta of 171 Preferred Stock 159,000 preferred shares outstanding. currently trading at $53,51 per share; with an annual dividend payment of $5.98 Market The market risk premium is 11% and the risk free rate is 5% Tax Rate 34% What is the weighted average cost of capital? (Answer as a percentage and round to decimals Select one Ca. 8.32% 11.51 c. 14.99% d. 9.014 e 14,03% MacBook Air 8. 61 Ba 000 F3 OD 14 V F7 FB 990 A * # 3 $ 4 At 2 % 5 & 7 6 8 9 0 Use the following data for the next 5 questions: Debt 48,000 bonds with a 5.0% coupon rate, payable annually, 15 years to maturity, selling at $1,050 per bond. Common Stock 663,000 shares of common stock outstanding. The stock sells for a price of $53 per share and has a beta of 1.71 Preferred Stock 159,000 preferred shares outstanding, currently trading at $53.51 per share: with an annual dividend payment of $5.98 Market The market risk premium is 11% and the risk free rate is 5% Tax Rate 34% What is the cost of preferred stock (R)? (Answer as a percentage and round to 2 decimals) Select one a, 13.70% b. 8.68% C. 14.56% d. 7.99% e. 11.18% MacBook Air